In­fin­i­ty Phar­ma­ceu­ti­cals lays off 78% of staff, shrinks board af­ter MEI merg­er fail

In­fin­i­ty Phar­ma­ceu­ti­cals is scram­bling to re­duce its “burn rate” af­ter the pro­posed merg­er with MEI Phar­ma fell through, turn­ing to lay­offs and a down­sized board …

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